Long
Waves in falling wedge pattern
After we got back to parallel channel the price was starting the falling wedge. Now we are almost on the end, especially on 5th wave and near the red support zone. If price will breakout and confirm falling wedge pattern we could look for a rezistence trendline of parallel channel as a TP. We must be carefully because on Waves this pattern a few times failed.
Trade active
Now we confirm the pattern. Will we reach the TP?Order cancelled
Again, big unpredictible dump on crypto.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.